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20121027
20121104
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
what was happening. all of us in the auto industry were looking at gm and chrysler. we sought to companies on the verge offailure that were going to take down the entire supplier industry. we also saw an industry that had to be restructured. bill ford is my hero. he fired in self. they put forward in a good place, so they did not have to be rescued. they laid out a map for what had to be done, and everybody had to sacrifice. neil: and the end justifies it because things are back. and is starting with president bush. i'm not criticizing, but it did not lead to a slippery slope. >> once again, the difference between this was, this was not a bailout. a bailout is when you give money to the existing guys. restructuring. the key thing that obama did -- neil: the, the bankruptcy and restructuring. >> but the restructuring was driven by the president's team. a bankruptcy court would never have done that by itself, and it is the reason i don't like the mitt romney passive approach, just turn over to the courts. it would not have moved fast enough. it would not have taken the action t
columns and other things that had gm not gotten them, they would've gone under. chrysler as well." "they were literally willing to risk the survival of gm to make as much money as they could." steven rattner, former counselor to the treasury during the bailout period, called it "extortion demands by barbary pirates." palast says delphi relocated parts plants in china and emerged from bankruptcy, going public last year. the company, purchased by the romneys' hedge fund at 67 cents per share in 2009, sold for $22 a share at the ipo - a 3,000% profit for investors like the romneys. a return largely the result of the auto bailout that romney so publically opposes. "it further solidifies the democrats' and labor's picture of romney as out-of-touch and more interested in personal wealth creation than job creation." with the presidential election less than a week away, the coalition of union and good government groups is urging the office of government ethics to act now to ensure mitt romney is in full compliance with the law's disclosure requirements. our repeated attempts for a reponse from t
worst. and chrysler's ceo said it's simply not true. we know the truth, mitt. >> that's exactly what i said. the headline you read which is let detroit go bankrupt. >> when romney airs these grossly false ads, it opens up the door obviously for the obama campaign to hit back hard. in the state of florida it actually gets worse. romney desperately needs to win the state of florida and he is running a spanish language ad meant to stoke the fears of cuban-americans. the ad tries to connect president obama to venezuelan president hugo chavez and fidel castro. "the miami herald" reports the romney campaign would not furnish the ad despite repeated requests. in other words, the ad is so outrageous, the romney campaign tried to slip it under the radar. obviously the strategy is backfiring. let's turn to annette taddeo, member of the miami-dade democratic party. annette, great to have you with us tonight. i keep saying the bread basket to victory for president obama is going to be south florida. turnout is to important. but now this spanish language ad that's out, what is this doing to stroke
sold chrysler to italians that are going to build jeeps in china. a lot of push back from the obama campaign. the ad was dismissed by our last guest. i want to get your thoughts. guest: chrysler has admitted they are going to open a plant in china. they are going to manufacture jeeps in italy they are going to ship to china. why are we not manufacturing them in ohio? i think that is the issue that mitt romney, governor romney, was attempting to promote. the fact of the matter is that we have a substantial loss of automobile manufacturing jobs in ohio between 2008 when the 2011. we have not recovered some of those jobs. some of those jobs, we have recovered. to say that chrysler is not going to be producing jeeps in china is incorrect, because they have admitted that they are going to open a plant in china. they are in the process of doing the right now. >> you think governor romney could have done a better job in how he presented that ad? it has gotten a lot of a pushcart. vice-president biden called it "flagrantly dishonest." he said, >guest: i am not going to get into individual a
. it is not in chrysler. a it is in -- put in the hands of the vulture. now, what have they done besides the congo takedown? i don't know if the romney's are in on it as i would need to see their 2009 taxes. i have asked. the dog ate it. but i was able to do some investigation and i did find that one thing for certain, that they were part and parcel of a move move bond enjoyed because it's illegal, the vulture's activity in the congo and europe and elsewhere. it's not illegal in the united states where the vultures landed in detroit. now folgers fees when things die. so when mr. romney says, let detroit go bankrupt, but it died, what we are doing is creating a feast for the vulture. here is what they did. the u.s. government under obama and under by the way george bush -- it's not obama's bailout even though he pumps his chest and takes the applaud and beatings for it, was created by george w. bush voted in october and december. it was taken over by obama in the meantime. the a bomb administration picking up for bush came up with a deal to save three companies, general motors, chrysler and delphi.
-- the chrysler owners are investing in china to boost the market there. they are not cutting back in ohio. they are investing more in the toledo area chrysler planned. the romney campaign has been asked about it. and they stand by it. the suggestion is clear that ohio might lose jobs. host: let's play a little bit of the radio ad that talks about this. >> barack obama says he saved the auto industry, but for who? ohio or china? gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this has been on television ads across all media markets as well. guest: what i have seen in northeast ohio, yes, there is a version of that that runs. it has drawn a strong rebuke
says. they were overseeing the gm and chrysler bailout. he tells fox news we have lots of conversations about whether to require gm to top off all of the pensions. it was not easy to decide where to draw the line. >> rose and many orther salarie delphi retirees found it was all a political fix that a democratic administration was helping an ally which was organized labor. steve ratner's auto bailout unit said the decision came down to practicality. in order for gm to survive they needed uaw workers on the floor. the workers retained the right to strike no matter what deal was made in gm. they decided to draw the line at topping off the delphi uaw pensions. back to you. >>> steve brown, thank you. 4 minutes until the top of the hour. talk about a proper sendoff for a soccer coach being deployed to afghanistan. >> can you figure out the word of the day? there it is. stick around for the answer. . >> well, it is one minute until the top of the hour. we'll look at the good, bad and ugly . first of the good. a high school soccer coach heading to afghanistan to fight for our country gets a su
political fixes are wrong. he headed the auto task force to oversee the g.m. and chrysler bail-out and he tells fox news we had lots of conversation whether to require g.m. top off all the pensions. it was not easy to decide where to draw the line. >> ratner says the uaw had to be in factories if the g.m. bail-out would work and they drew the line at topping off the delphi uaw pension. bret? >> bret: steve, thank you. latinos are the second fastest growing race group. they will be even bigger and a bigger factor in every election to come. here is chief national correspondent jim angle. >> vice president biden told a radio interviewer from univision that only he and the president recognize the importance of latino voters. >> we have a lot of people who don't pay attention the lay te know vote; particularly, in the other party, realizing that is a political force. >> the president told the des moines register if he wins a second term, it will be because, "the republican nominee and the republican party have sold alienated the fastest growing demographic group in country: the latino communit
Search Results 0 to 19 of about 20 (some duplicates have been removed)